The chemical tanker shipping market has been strongly supported by specialised trades and clean petroleum products (CPP) demand during the second quarter of the year. Although many newbuildings were delivered, the market has been able to absorb the extra tonnage, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry.
French logistics giant Geodis says it is acquiring OHL, the U.S-based third-party logistics services provider formerly known as Osburn-Hessey Logistics for an undisclosed amount.
Project44 has introduced dynamic pricing technology to the freight industry, via a pricing engine application programming interface (API) which allows carriers to provide on-demand pricing based on supply and demand in the marketplace.
At the heart of everything omnichannel is inventory. The customer needs to be able to get the merchandise they want, when they want it, and through their channel of choice. There has to be inventory visibility across channels, so stores, warehouses and distribution centers can see real-time inventory levels as part of the order fulfillment process. And finally, in order to actually fulfill orders in a timely and efficient manner, inventory needs to be shared across channels.
Air Menzies International Inc., a trade-only airfreight and express wholesaler, has launched a service to help forwarders in India improve the arrival times of their customers' imports.
Barcodes are indispensable for the exchange of vital data. It's time we recognized the important contribution that barcode printers make to the success of a company's supply chain – and to its bottom line.
A rash of "mega-deals" during the second quarter of 2015 have made transportation and logistics one of the hottest mergers and acquisitions sectors, boosting the average deal value to $564m, according to a recent study by PricewaterhouseCoopers.
E-commerce retailers are starting to add smaller, urban warehouses to their supply chains as the pace of online shopping and delivery transforms distribution demands.
The latest news, analysis, services and systems regarding logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through logistics solutions. New technologies that provide information during local and global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using logistics and cargo solutions to power their supply chains.
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